The Real Deal New York

One of the most expensive units at 520 Park just closed

The 9,200-square-foot duplex sold for $62M
By Meenal Vamburkar | November 26, 2018 06:30PM

Developer Arthur Zeckendorf and 520 Park Avenue (Credit: Getty Images and 520 Park Avenue)

A duplex penthouse at Zeckendorf Development‘s 520 Park Avenue closed for $62 million on Monday, marking one of the most expensive residential buys of the year.

The anonymous buyer is listed as “520 Park PH52 LLC” in records filed with New York City’s Department of Finance. The duplex at the limestone-clad Zeckendorf project was asking $73 million, according to an old listing.

The home spans about 9,200 square feet, and features master wing that has two separate master bathrooms. The home also has a private elevator between levels.

It’s one of four duplex penthouses at the Robert A.M. Stern-designed condo, which also features a $130 million triplex penthouse among its 33 units.

Last year, it was reported that billionaire Frank Fertitta, former owner of the Ultimate Fighting Championship, was the buyer of a $70 million duplex penthouse at 520 Park. It’s unclear which unit he purchased.

Similarly, the New York Post reported earlier this month that vacuum cleaner mogul James Dyson closed on a $73.8 million duplex penthouse unit at the 54-story tower, but it also hadn’t yet hit city records.

Other reported buyers in the condo building include Bob Diamond, former CEO of Barclays.